XAUUSD support and resistance $XAU XAUUSD tested the resistance level of 4,200.00: all you need to know
General outlook XAUUSD has been under buying pressure within the last couple of hours. Now, the support level is located at 3,970.00. Resistance levels are now located at 4,200.00 and 4,370.00. If the pair rebounds from the resistance level, analysts recommend opening a Sell order with a take profit at the nearest support level. In case the breakout is confirmed, analysts suggest opening a Buy order. Fundamental factors The U.S. ISM Services Purchasing Managers' Index report will be released at 2:00 p.m. UTC today and could affect this trade. We will publish our next post on support and resistance levels at 5:00 a.m. UTC tomorrow. Come back to discover more trading insights. Share your thoughts in the comments section if it's available for you.#XAUUSD❤️ #GOLD